this post was submitted on 17 Nov 2023
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Solar now being the cheapest energy source made its rounds on Lemmy some weeks ago, if I remember correctly. I just found this graphic and felt it was worth sharing independently.

Source: https://ourworldindata.org/cheap-renewables-growth

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[–] [email protected] 2 points 1 year ago (4 children)

It doesn't matter how cheap solar is. Fossil fuels are still more profitable, because once a fossil fuel plant is built, it needs fossil fuel to run. You can't do the same with sunlight. We literally cannot shift away from fossil fuels under the current profit driven model.

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[–] [email protected] 2 points 1 year ago

Gas peaker? I hardly know her!

[–] [email protected] 1 points 1 year ago (1 children)

Then there's California where NEM 3.0 makes it less than worth while to install or upgrade your existing solar installation.

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